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Shopping spree in Syria's former rebel heartland
Crowds of visitors wander brilliantly lit shopping aisles, stunned by the abundance of goods on offer in the heart of the former rebel stronghold in northwest Syria. He looked on at friends who had come to do their shopping in the former rebel bastion, where prices were up to three times lower than in the city.
McKinsey to pay $650 mn to settle US criminal case on opioids
Consulting giant McKinsey & Company will pay $650 million to settle US criminal charges that it collaborated with Purdue Pharma to intentionally misbrand opioids, worsening a public health crisis, officials announced Friday.
Staff at UK luxury store Harrods vote to strike
Hundreds of staff at London's luxury department store Harrods will walk out just days before Christmas, a union said Friday, in a row over pay and working conditions.
UK, Italy, Japan to develop next-generation fighter jet
The UK, Italy and Japan on Friday launched a joint venture to develop a supersonic next-generation fighter jet by 2035, replacing the Eurofighter Typhoon.
UK's Royal Mail hit with fine by regulator over delivery delays
UK postal operator Royal Mail has been fined £10.5 million ($13.3 million) for delays in delivering mail for the 2023/2024 financial year, Britain's communications regulator Ofcom said Friday. Britain's communications regulator has previously proposed that Royal Mail cut delivery to five days a week, or even just three days, potentially saving the company hundreds of millions of pounds.
UK economy unexpectedly shrinks again in October
Britain's economy shrank for the second consecutive month in October, official data showed Friday, dealing a blow to the Labour government that has made economic growth a priority. Analysts have attributed part of the decline to uncertainty after the Labour government warned of "tough" measures in its budget at the end of October.
Asian markets retreat as China pledges fail to spark excitement
Asian markets fell Friday as China's latest vows to boost the beleaguered economy failed to stir much excitement, while traders looked ahead to a key Federal Reserve policy meeting next week.
Virgin Galactic eyes possible expansion into Italy
US space tourism company Virgin Galactic announced Thursday it is exploring the possibility of opening a new base in Italy, potentially bringing crewed launches to Europe for the first time. The company competes in the suborbital space tourism market with Jeff Bezos's Blue Origin.
Korean Air buys majority stake in rival Asiana Airlines
South Korea's flag carrier Korean Air said Thursday it had bought a majority stake in rival Asiana Airlines for $1 billion, making it the effective owner four years after first expressing its takeover intentions. The European Commission, the bloc's powerful antitrust authority, last year expressed concerns the takeover could restrict competition on routes between Europe and South Korea.
AFP
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